Published May 27, 2009
The problem with a soft-drink tax
You know, when you get starved for oxygen, your brain can do wild things. And when the government gets starved for their energy source (i.e., money), it can go wild, too.
You may have heard that the U.S. is thinking about charging a luxury or “sin” tax on soft drinks. Most of the plans I’ve seen target sugar-laden soft drinks. Yes, those drinking sugar-containing soft drinks will have to pay an additional 18% in taxes for this sin or “luxury.”
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